Can I retire at age 40 with 2,690,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $2,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$222,138$220,159$218,229$216,344$214,504$207,058
2 years$109,969$107,921$105,936$104,012$102,145$94,720
3 years$72,585$70,528$68,548$66,641$64,805$57,635
4 years$53,896$51,845$49,885$48,011$46,219$39,359
5 years$42,686$40,647$38,713$36,877$35,135$28,602
6 years$35,215$33,192$31,286$29,491$27,801$21,600
7 years$29,880$27,874$25,999$24,246$22,610$16,740
8 years$25,881$23,893$22,049$20,340$18,757$13,214
9 years$22,773$20,803$18,991$17,325$15,796$10,573
10 years$20,287$18,337$16,557$14,934$13,459$8,547
11 years$18,255$16,325$14,576$12,997$11,575$6,964
12 years$16,562$14,652$12,936$11,400$10,031$5,710
13 years$15,132$13,241$11,557$10,065$8,747$4,705
14 years$13,906$12,036$10,384$8,934$7,668$3,893
15 years$12,845$10,995$9,376$7,968$6,751$3,231
16 years$11,918$10,088$8,500$7,134$5,967$2,689
17 years$11,100$9,290$7,735$6,410$5,291$2,243
18 years$10,374$8,585$7,061$5,777$4,704$1,874
19 years$9,726$7,956$6,464$5,220$4,193$1,568
20 years$9,142$7,393$5,932$4,728$3,745$1,314
21 years$8,616$6,887$5,457$4,291$3,352$1,102
22 years$8,137$6,428$5,029$3,901$3,004$925
23 years$7,701$6,012$4,644$3,553$2,697$777
24 years$7,302$5,633$4,295$3,240$2,424$653
25 years$6,935$5,286$3,978$2,959$2,181$549
26 years$6,597$4,968$3,689$2,706$1,965$462
27 years$6,285$4,676$3,426$2,477$1,771$389
28 years$5,995$4,406$3,185$2,269$1,598$327
29 years$5,726$4,157$2,963$2,081$1,443$276
30 years$5,476$3,925$2,760$1,910$1,304$232
31 years$5,242$3,711$2,573$1,754$1,179$196
32 years$5,023$3,511$2,401$1,612$1,066$165
33 years$4,817$3,325$2,242$1,482$965$139
34 years$4,625$3,152$2,095$1,364$874$117
35 years$4,443$2,989$1,958$1,256$791$99
36 years$4,272$2,837$1,832$1,156$717$83
37 years$4,111$2,695$1,715$1,065$650$70
38 years$3,959$2,561$1,606$982$589$59
39 years$3,814$2,435$1,504$905$534$50
40 years$3,678$2,317$1,410$835$485$42
41 years$3,548$2,205$1,322$771$440$35
42 years$3,425$2,100$1,240$711$399$30
43 years$3,308$2,001$1,164$656$362$25
44 years$3,196$1,908$1,092$606$329$21
45 years$3,090$1,819$1,026$560$298$18
46 years$2,989$1,735$963$517$271$15
47 years$2,892$1,656$905$478$246$13
48 years$2,799$1,581$851$441$223$11
49 years$2,711$1,510$799$408$203$9
50 years$2,626$1,442$752$377$184$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,690,000, adding $3,725 every year, while hoping to spend $45,064 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 47/26/27 Blend
39$2,690,000$2,690,000$2,690,000$2,690,000
40$2,968,222$2,825,652$2,783,957$3,084,611
41$3,223,033$2,916,162$2,829,272$3,257,529
42$3,502,325$3,009,595$2,874,595$3,440,421
43$3,808,546$3,106,050$2,919,878$3,638,076
44$4,144,394$3,205,623$2,965,070$3,851,906
45$4,512,842$3,308,418$3,010,120$4,083,463
46$4,917,161$3,414,540$3,054,968$4,334,454
47$5,360,957$3,524,098$3,099,555$4,606,759
48$5,848,202$3,637,205$3,143,817$4,902,449
49$6,383,268$3,753,978$3,187,685$5,223,802
50$6,970,976$3,874,538$3,231,087$5,573,327
51$7,616,633$3,999,008$3,273,946$5,953,785
52$8,326,088$4,127,517$3,316,181$6,368,219
53$9,105,782$4,260,199$3,357,707$6,819,977
54$9,962,814$4,397,191$3,398,432$7,312,749
55$10,905,003$4,538,636$3,438,262$7,850,596
56$11,940,964$4,684,679$3,477,094$8,437,992
57$13,080,188$4,835,474$3,514,822$9,079,864
58$14,333,132$4,991,177$3,551,333$9,781,642
59$15,711,317$5,151,950$3,586,508$10,549,302
60$17,227,437$5,317,962$3,620,223$11,389,431
61$18,895,480$5,489,385$3,652,344$12,309,284
62$20,730,854$5,666,400$3,682,732$13,316,853
63$22,750,539$5,849,192$3,711,242$14,420,941
64$24,973,244$6,037,953$3,737,719$15,631,247
65$27,419,583$6,232,880$3,762,000$16,958,459
66$30,112,268$6,434,180$3,783,915$18,414,348
67$33,076,329$6,642,063$3,803,286$20,011,886
68$36,339,340$6,856,751$3,819,922$21,765,362
69$39,931,690$7,078,468$3,833,626$23,690,522
70$43,886,860$7,307,450$3,844,190$25,804,714
71$48,241,744$7,543,940$3,851,395$28,127,052
72$53,036,997$7,788,189$3,855,012$30,678,598
73$58,317,416$8,040,455$3,854,799$33,482,558
74$64,132,362$8,301,007$3,850,505$36,564,500
75$70,536,230$8,570,124$3,841,864$39,952,600
76$77,588,958$8,848,091$3,828,599$43,677,903
77$85,356,591$9,135,208$3,810,416$47,774,617
78$93,911,910$9,431,780$3,787,012$52,280,437
79$103,335,114$9,738,125$3,758,066$57,236,898
80$113,714,576$10,054,574$3,723,242$62,689,770
81$125,147,680$10,381,466$3,682,188$68,689,486
82$137,741,740$10,719,154$3,634,537$75,291,621
83$151,615,006$11,068,002$3,579,903$82,557,416
84$166,897,790$11,428,387$3,517,883$90,554,353
85$183,733,686$11,800,699$3,448,054$99,356,796
86$202,280,932$12,185,343$3,369,973$109,046,688
87$222,713,898$12,582,736$3,283,179$119,714,330
88$245,224,737$12,993,312$3,187,187$131,459,227
89$270,025,193$13,417,517$3,081,491$144,391,031
90$297,348,604$13,855,816$2,965,561$158,630,577
91$327,452,098$14,308,688$2,838,844$174,311,019
92$360,619,028$14,776,629$2,700,761$191,579,090
93$397,161,639$15,260,155$2,550,707$210,596,487
94$437,424,020$15,759,796$2,388,050$231,541,396
95$481,785,349$16,276,105$2,212,128$254,610,176
96$530,663,471$16,809,651$2,022,251$280,019,208
97$584,518,847$17,361,025$1,817,698$308,006,943
98$643,858,893$17,930,840$1,597,715$338,836,151
99$709,242,777$18,519,727$1,361,515$372,796,399
100$781,286,691$19,128,344$1,108,276$410,206,789